Health Care Sector Update for 06/20/2017: JNJ, PFE, ABT, MRK, AMGN, EGLT, NVIV, VAR

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Top Health Care stocks:

JNJ: +0.4%

PFE: +1.3%

ABT: +0.8%

MRK: +1.7%

AMGN: +2.1%

Health care shares were higher in mid-day trade Tuesday.

In health care stocks news, Egalet ( EGLT ) was down 16.8% after the company said it received a complete response letter ( CRL ) from the U.S. Food and Drug Administration (FDA) regarding the prior approval supplement of Oxaydo (oxycodone HCl, USP) tablets C-II in 10 mg and 15 mg dosage strengths. The FDA has requested more information regarding the effect of food on Oxaydo 15 mg and the intranasal abuse-deterrent properties of Oxaydo 10 mg and 15 mg. Egalet said it will work with the FDA to determine the path forward.

In other sector news,

(+) NVIV (6.3%) Enrolls new patient in Inspire study evaluating neuro-spinal scaffold

(-) VAR (-0.1%) Installs proton therapy device in Danish center

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , US Markets
Referenced Symbols: EGLT , CRL , JNJ , PFE , ABT

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